Mikhailovsky HBI plant to start ops, ship material to market in 2024

March 03, 2021 / www.metalbulletin.com / Article Link

Russia's Mikhailovsky HBI - the world ?s largest hot-briquetted iron (HBI) plant - should start operations in the first half of 2024, it said on March 2.

USM Holdings and Mikhailovsky GOK - part of Metalloinvest, which is the largest global HBI producer and one of USM's assets - jointly own the plant.
The plant will have capacity to produce more than 2 million tonnes per year of HBI, it said.
"The new mill will produce merchant HBI," a source familiar with the matter told Fastmarkets.

The asset will be located in...

Recent News

Global trade tensions ease and inflation continues to decline

May 19, 2025 / www.canadianminingreport.com

Gold stocks down as metal slumps and equities rise

May 19, 2025 / www.canadianminingreport.com

Big Gold has another strong quarter, but some signs growth cooling

May 12, 2025 / www.canadianminingreport.com

Gold stocks nearly regain highs on rising metal price

May 12, 2025 / www.canadianminingreport.com

Gold stocks down as risk on move continues

May 05, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok